Bayer`s Xarelto effectiveness drives prices higher in the pharmaceutical industry

Bayer`s Xarelto effectiveness drives prices higher in the pharmaceutical industry

By: James Ansher | Where To Trade | On:Wednesday,November 16,2016
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Where to Trade - Bank of Japan incorporates strong economic stimulus measures in order to reach its target of 2 percent.

Meanwhile,the Chinese consumer prices expand by 2.1 percent, showing early signs that the inflation is on a positive track.

In the Eurozone, a slowdown in Productivity and pessimistic expectations reduce to rate of return on capital.

The S&P 500 might head lower as the Index run out of steam due to profit taking. The S&P 500 had a previous close at 2.179. Investors evaluate a possible bullish move in the near future.

In the United Kingdom, the UK Claimant Count Change will be published at 10:30 GMT, and it's expected to drive Pound lower against the Yen.  The GBP/JPY had a previous close at 135.67.

In the Euro Dollar pair, high volatility should be expected asUS PPI figures will be published at 14:30 GMT. The EUR/USD pair had a previous close at 1.0724.

Bayer's Xarelto effectiveness in reducing the risk of bleeding among patients drives prices higher for the pharmaceutical industry.  

Canadian Manufacturing Sales will be released at 14:30 GMT. The loonie should head lower against the Greenback.

Video Summary:

  • Japan:Bank in Japan incorporates strong economic stimulus measures to reach its 2 percent target
  • China: Chinese consumer prices expand by 2.1%, showing early signs that inflation picked up
  • Europe: Uk Claimant Count Change will be published at 10:30 GMT 
  • Canada: Canadian Manufacturing Sales will be released at 14:30 GMT
James Ansher

James Ansher

When there is a will there is a trade

A successful Forex trader and expert advisor

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